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the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells fargo. the survey interviews 70,000 customers each year on their satisfaction levels with checking, savings and personal loan accounts. bank reputations have taken a hit recently in the wake of bailouts and higher fees assessed to customers. three men have been arrested in the u.k. in connection with libor manipulation. they are the first arrests made in connection to the rate-rigging scandal, which began in july. barclays admitted to controlling the benchmark interest rate and was forced to pay $453 million in a settlement. the men remain unidentified. other big banks including ubs, jp morgan, citigrou
the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells...
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washington journal continues. host: our series on the fiscal cliff continues this morning with a dive into social security. here to talk about the program and how it is involved in the discussions, the negotiations over america's financial future, is stephen ohlemacher, joining us from the associated press, where he is a reporter. hohow much social security to people get? guest: >> 66 million people. the average benefit is a little over $12,000 -- a little over $1,200 a month. maybe $13,000 a year or so. host: we are talking about retirees and the disabled. guest: a fairly wide group of people receive social security benefits. retired workers, spouses, children, disabled workers, widows, woodward's. -- widowers. a big safety net of people. host: retirees receive about $1,200 a month on average. the benefits for the disabled, $1,100 a month on average. how does social security get financed? guest: it has been a self-funded program since its inception. it is funded by payroll taxes. there's a 12.4% tax on wages up t
washington journal continues. host: our series on the fiscal cliff continues this morning with a dive into social security. here to talk about the program and how it is involved in the discussions, the negotiations over america's financial future, is stephen ohlemacher, joining us from the associated press, where he is a reporter. hohow much social security to people get? guest: >> 66 million people. the average benefit is a little over $12,000 -- a little over $1,200 a month. maybe...
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Dec 12, 2012
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these states have until this friday to inform washington of their plans. all health exchanges must be set up by january 1, 2014. meanwhile, the obama administration is pressuring states to expand medicaid coverage as outlined by obama care. the health care law calls for medicaid to be expanded to anyone who earns up to 133% of the poverty line. under the law, the federal government would cost -- would cover the cost of new enrollment until 2016. then their share would be dropped to 90% by the year 2022. nine states have said no to expansion, despite the huge federal funding. and some states want partial expansion. but today, the administration said no way. states must expand medicaid all the way if they want to receive full obama care funding. let's turn to the former director of the office of consumer information and insurance oversight, with the health and human services department. and also msnbc contributor e.j. dion, "washington post" columnist and author of "our divided political heart." thanks for joining us tonight. jay, these health insurance ex-c
these states have until this friday to inform washington of their plans. all health exchanges must be set up by january 1, 2014. meanwhile, the obama administration is pressuring states to expand medicaid coverage as outlined by obama care. the health care law calls for medicaid to be expanded to anyone who earns up to 133% of the poverty line. under the law, the federal government would cost -- would cover the cost of new enrollment until 2016. then their share would be dropped to 90% by the...
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Dec 12, 2012
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welcome to the end show from washington d.c. . the republican party has struck a blow at the heart of the american worker. this price is not over. this is the end show. let's get to work. >> unions and! unions. >> the american middle class put president obama back in office. billionaires' are playing get back on the working class. andy carroll is here to unmask the dark money behind the michigan attacked. michigan senator debbie stabenow and verge pinero with the game plan to fight back. >>> john maynor has erick kanter and paul ryan keeping the tea party on line. jan shakur boesky tells us what republicans really have up their sleeves. karl rove is back. the man who wasted millions of dollars on the electrical is now predicting a fiscal close outcome. >>> dick cheney has once again reared his head to attack president obama's foreign-policy. lawrence wilkerson will show us how what the former vice president still isn't shooting straight. >>> good to have you with us. thanks for watching. michigan became the 24 states in the union
welcome to the end show from washington d.c. . the republican party has struck a blow at the heart of the american worker. this price is not over. this is the end show. let's get to work. >> unions and! unions. >> the american middle class put president obama back in office. billionaires' are playing get back on the working class. andy carroll is here to unmask the dark money behind the michigan attacked. michigan senator debbie stabenow and verge pinero with the game plan to fight...
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Dec 12, 2012
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with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like to, but i'm not sure they can get it done before christmas, maybe before the end of the year. i think, again, as we get down to the last few hours, i think then you will see a real push to get something done. as dana implied, everybody knows in a sense what this agreement in broad strokes is going to look like. we're going to have tax increases on the upper 2% and we're not going to have a tax increase on the middle class. and there's going to be some spending cuts. but that's, you know, that's about all we know. >> let's take a look at this fight that seems to be emerging on the right. it's not surprising. to some extent it may be represented on the left, but i don't think so. republicans fall into two camps. on fiscal reform and the question of the cliff. the realists we'll call the
with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like to, but i'm not sure they can get it done before christmas, maybe before the end of the year. i think, again, as we get down to the last few hours, i think then you will see a real push to get something done. as...
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Dec 12, 2012
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of workers and unions have declined unions themselves have had less political clout to do things in washington to get things done on behalf of average working people. so, for example as globalization and technological change has affected the structure of the work force there's been no loud, organized force in washington that has said essentially no! we've got to have job retraining. we've got to have better education. we've got to have profit sharing. we have to have productivity sharing. we've got to have arrangements that while not counteracting globalization, nevertheless counteract the effects of globalization and make sure the middle class is safe. without that union voice, the new class has become less and less secure. >> eliot: of course, as we all have learned over the past number of years, one of the critical elements of politics is the phrasing you use to describe an issue or problem saying these are right-to-work laws is a misnomer. first point you made this has nothing to do with the right to work. who can be off owessed to the right to work. this is about creating a freeloader pro
of workers and unions have declined unions themselves have had less political clout to do things in washington to get things done on behalf of average working people. so, for example as globalization and technological change has affected the structure of the work force there's been no loud, organized force in washington that has said essentially no! we've got to have job retraining. we've got to have better education. we've got to have profit sharing. we have to have productivity sharing. we've...
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that's about one week of spending in washington, d.c. the problem is we've got 51 weeks of over-spending. we can talk about raising taxes, but we've got to you grow the economy. if you raise taxes on small businesses, you raise taxes on farmers and ranchers in my district, that's going to cripple small businesses. i'm not worried about ge. they've got a seat at the table at the white house. i'm worried about the small guy that's going to get hammered that don't have a lesion of tax attorneys. so i believe we need a fundamental tax reform. i thif the president agrees with that, as well. >> if you're worried about the debt, and i think we have to deal with the debt, according to the congressional budget office, you'd pick up $950 billion over 10 years by just letting the tax cuts for the rich or those making over 250 a year go for 10 years, you have 9$950 billion covered right there. that's a huge step towards the deficit. >> when you have a trillion dollars of excess spending in one year, what are we going to do for the other nine years?
that's about one week of spending in washington, d.c. the problem is we've got 51 weeks of over-spending. we can talk about raising taxes, but we've got to you grow the economy. if you raise taxes on small businesses, you raise taxes on farmers and ranchers in my district, that's going to cripple small businesses. i'm not worried about ge. they've got a seat at the table at the white house. i'm worried about the small guy that's going to get hammered that don't have a lesion of tax attorneys....
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jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement reform to solve our loom being debt crisis and create more miner jobs. the statement also reit raided, however, what speaker boehner and others said earlier today. listen. >> we're still waiting for the white house to identify what spends cuts the president is wig to makes a part of the balanced approach. where are the president's spending cuts? >> the president spent $1.8 trillion in 2001. last year three years later $3.6 trillion. by any measure of size of government has grown well beyond its means slightly increases the amount of revenues he is seeking from $1.6 trill
jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement...
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Dec 12, 2012
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and so he came to washington, d.c. a few years ago, this is a picture of him that was taken recently before he died at the age of 110 at the d.c. memorial thope mall. what that is is a monument and memorial to all the veterans from the district of columbia that served in world war i. and i went with him to this memorial where we talked about expanding our honor of all veterans and having a memorial for everybody in the great world war i. that was his goal and he worked with many members of congress on this issue. unfortunately, he was not -- he didn't live long, only to 110, he didn't live long enough to see the memorial created. he was the last, madam speaker, the very last dough boy, american, that lived in the great world war i. they're all gone. every one of them. so it is up to us, members of congress and the public, to speak for them and honor them on the mall aacross the street as would be appropriate. it is, you know, in the mall we have three of the great wars of the last century, three of the great four wars,
and so he came to washington, d.c. a few years ago, this is a picture of him that was taken recently before he died at the age of 110 at the d.c. memorial thope mall. what that is is a monument and memorial to all the veterans from the district of columbia that served in world war i. and i went with him to this memorial where we talked about expanding our honor of all veterans and having a memorial for everybody in the great world war i. that was his goal and he worked with many members of...
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(vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start the day. >> if you're right, the whole word is going to know this. >> at the center of the greatest manhunt in history. >> the c.i.a.'s biggest secret is that its best buys women. because she's working undercover as a c.i.a. agent she can't get credit. >> in the intelligence business, you work from a lot of sources. >> >> cenk: zero dark 30 is the movie about our manhunt on osama bin laden. there's a scene where someone gets tottured. he took the side that yes i'm finally vindicated my pro torture argument. go ahead moral compass of television. >> i've had to listen to people on this show for years tell me well, the c.i.a. program didn't work. waterboarding didn't work, and i knew that was just not true. it did get information for terrorists that eventually led to not just the killing of osama bin laden but a lot of victories. >> cenk: that's of cou
(vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start the day. >> if you're right, the whole word is going to know this. >> at the center of the greatest manhunt in history. >> the c.i.a.'s biggest secret is that its best buys women. because she's working undercover as a c.i.a....
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Dec 12, 2012
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for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, trcy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader? congressman tim gives us the scoop next. we'll be back. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm uppin
for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, trcy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader?...
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we spend too much in washington. we at the reform and time programs to save and protect social security. those are the area of the budget that have to be restructured. perhaps even more important -- where is the president? he is out on the campaign trail. every day we are a little bit closer to the fiscal cliff. every day republicans are here, speaker boehner is here, leader mcconnell is here. ready for business, ready to do something that will avoid what everybody agrees would be a disaster and yet the president seems to be content with traveling of around the country, doing a victory lap or something when he should be here sitting across the table from the people who can help us avoid a bad situation for our country economically. mr. president, you said it. we agree with that. now let's get to work and try to fix it. >> for people who spent a lifetime building a small business, small communities have a florist or a cleaners, those businesses will be impacted. many of them will not be able to continue to hold that b
we spend too much in washington. we at the reform and time programs to save and protect social security. those are the area of the budget that have to be restructured. perhaps even more important -- where is the president? he is out on the campaign trail. every day we are a little bit closer to the fiscal cliff. every day republicans are here, speaker boehner is here, leader mcconnell is here. ready for business, ready to do something that will avoid what everybody agrees would be a disaster...
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with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it do
with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is....
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one of the more powerful figures here in washington, he will have a big role in deciding whether we do get that that brink or not. marco rubio, worried about the same thing, that is measure would be a job killer, is a bad deal actually better than no deal? markio ruscho said when -- marco rubio said when it comes to the jobs at stake no way. >> and that means 200,000 jobs will be destroyed. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seenith nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditionsay still exist. talk to your doctor about nexium. neil: it comes down to the rich paying more. the question is how much more. don't let anyone fool you, taxes are going up on the upper income, but the question is how much. marco rubio said when you go after the rich, you might as well go after everyone. >> first of all, what president said it does is not what it does, he is not shooting trait on what his proposal does. a group came ou
one of the more powerful figures here in washington, he will have a big role in deciding whether we do get that that brink or not. marco rubio, worried about the same thing, that is measure would be a job killer, is a bad deal actually better than no deal? markio ruscho said when -- marco rubio said when it comes to the jobs at stake no way. >> and that means 200,000 jobs will be destroyed. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease....
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a brand-new poll shining light on why washington is such a mess. chris stirewalt explains wait could mean for our immediate future. one of the most dramatic scenes coming out of michigan. angry demonstrator attacked a tent that was set up about it supporters of the right to work law. we'll peak to a woman who was in that tent. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >> we are getting this new image of the suspected gunman. his name according to the authorities is jacob tyler roberts it appears according to police he died of a self-inflicted gunshot wound. here are the photos of the victims dyed who died in that attack. new vide
a brand-new poll shining light on why washington is such a mess. chris stirewalt explains wait could mean for our immediate future. one of the most dramatic scenes coming out of michigan. angry demonstrator attacked a tent that was set up about it supporters of the right to work law. we'll peak to a woman who was in that tent. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block...
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Dec 12, 2012
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hal sparks, anything else to plug besides sexy liberal washington, d.c.? >> i will be back next weekend. it starts back again. i was on sirius for six weeks in our special run election coverage stuff. but the show will begin again. we'll have our regular chat and all of that kind of stuff this saturday. >> stephanie: tickets going fast for sexy liberal d.c. we'll see you tomorrow on "the stephanie miller s s s s s s s s s s s s s s s s s s s s s s s s s s s s
hal sparks, anything else to plug besides sexy liberal washington, d.c.? >> i will be back next weekend. it starts back again. i was on sirius for six weeks in our special run election coverage stuff. but the show will begin again. we'll have our regular chat and all of that kind of stuff this saturday. >> stephanie: tickets going fast for sexy liberal d.c. we'll see you tomorrow on "the stephanie miller s s s s s s s s s s s s s s s s s s s s s s s s s s s s
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joining me in from washington, kelly o'donnell. let's talk about why the conversation last night fell apart with the president and the speaker. this issue of extending the tax cuts for the wealthy. speaker boehner said that was not a part of his proposal. >> one of the things we have been observing is the president and speaker have been trying to lockdown as much as possible the secrecy or privacy may be a better word of their conversations to get to an eventual deal if they can get there. by that i mean there fewer staffers involve and member who is would typically have standing to be included in these negotiations. it's such a tight focus of the president and the speaker. characterizing the nature of the phone calls is keeping the public aspect moving forward. it allows the president to have public events. we have seen him meet with business leaders and mayors and be able to make his argument to the american people. republicans had a harder time of that because they are not in the same position to hold the public events. speaker
joining me in from washington, kelly o'donnell. let's talk about why the conversation last night fell apart with the president and the speaker. this issue of extending the tax cuts for the wealthy. speaker boehner said that was not a part of his proposal. >> one of the things we have been observing is the president and speaker have been trying to lockdown as much as possible the secrecy or privacy may be a better word of their conversations to get to an eventual deal if they can get...
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a flood, but the problem is right, that we got now -- we now potentially have an administration in washington that cares about keeping manufacturing jobs in the united states. but prior to that under the bush administration, and the hands off posture the u.s. has taken, there is no way we're going to be able to keep those good-paying middle class jobs in america. you need to have an active government to enable us to do that. >> yes, we lost all of those years. you had the unfortunate job of being the governor of michigan while george w. bush was president. but the bush plan was part and parcel to what we're seeing now. and actually before bush it happened to the governor before you who was there for -- i don't know how long? 12 years? >> jennifer: yeah. >> but this really started with ronald reagan, when he fired the air traffic controllers. and maybe we can talk about this in the next segment, because i would like to offer some constructive criticism of what we need to do now. >> jennifer: yes, i totally want to do that. but i just want to ask you a question, though, because i know you said
a flood, but the problem is right, that we got now -- we now potentially have an administration in washington that cares about keeping manufacturing jobs in the united states. but prior to that under the bush administration, and the hands off posture the u.s. has taken, there is no way we're going to be able to keep those good-paying middle class jobs in america. you need to have an active government to enable us to do that. >> yes, we lost all of those years. you had the unfortunate job...
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tracy: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuring
tracy: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause...
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stocks closing higher in washington. as for your bloomberg skamy index, it closed higher as well. finally expect to see changes to your yahoo e mail. attracts more mobile users first major product unveiling since the eeo took over this year. >> thank you. >> some big changes today weather wise. it's a remarkable shift three locations for thex'6 day. here is a live view from our mount tam camera looking over clouds in the atmosphere, low breaks of sun here and there. we won't be seeing sunshine very longsvñaj. we don't see rainfall in the bay area just yet. it's just hours away and north at the moment. up around eureka there is quite a bit of rainfall. and towards mendocino county probably reaching into northern most parts of sonoma county. we're going to get wet weather tonight. reading as into low to mid-50s in the bay area. and 55 across the bay in oakland. these forecast features rain arriving this evening, tapering off to scattered showers, then, we'll have frosty mornings falling thursday and friday. cold air is coming in behind the frontal system. we'll start at 7:00 this
stocks closing higher in washington. as for your bloomberg skamy index, it closed higher as well. finally expect to see changes to your yahoo e mail. attracts more mobile users first major product unveiling since the eeo took over this year. >> thank you. >> some big changes today weather wise. it's a remarkable shift three locations for thex'6 day. here is a live view from our mount tam camera looking over clouds in the atmosphere, low breaks of sun here and there. we won't be...
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coming to you life across this great land of ours from our studio on capitol hill in washington. d.c. great to see you today. we are also live on our -- your local progressive talk radio station and, of course on sirius xm this hour only in addition to current tv. we have a lot to talk about today. yes, in michigan, it is war. governor snyder sign that right to work legislation here in wablth wablth. accusations back and forthshington, d.c.. accusations back and forth that no progress is being made on avoiding the fiscal cliff, and yet there are rumors behind the scenes, both sides are getting closer to an agreement, especially an agreement on higher taxes for those who have done the very very well in this economy, those at the highest income level and overseas the united states welcoming and recognizing the syrian opposition as a legitimate option force, very very significant movement. so lots of -- a lot happening on a lot of front today, a lot you are going to want to talk about. give us a call at 866-55 lives press. it's kind of the old fashion way. get your voice on televisi
coming to you life across this great land of ours from our studio on capitol hill in washington. d.c. great to see you today. we are also live on our -- your local progressive talk radio station and, of course on sirius xm this hour only in addition to current tv. we have a lot to talk about today. yes, in michigan, it is war. governor snyder sign that right to work legislation here in wablth wablth. accusations back and forthshington, d.c.. accusations back and forth that no progress is being...
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in a hearing in washington today national transportation safety board said the crossing guard arm was down and warning lights were flashing and plenty of time for the driver to stop. they are not sure why he didn't act sooner. if brakes had been properly maintained and applied a second and a half earlier they say this accident could have been avoided. >> british bank hsbc will pay a $1.9 kbrinl fine following a money laundering probe. authorities accused bank of laundering for drug traffickers in america america. hsbc intentionally allowed illegal transactions to countries such as iran, libya ask sudan. the penalty not just financial. to continue doing business in the united states, the bank must make reforms. >> requiring to implement reforms that we expect to be the model in the financial industry. >> hsbc chief executive says he's sorry for past mist yikz a new scholarship fund established at uc berkeley will offer financial aid to undocumented students. the first of its kind in the nation not without controversy. abc 7 news is here now with the story. >> right. other universities
in a hearing in washington today national transportation safety board said the crossing guard arm was down and warning lights were flashing and plenty of time for the driver to stop. they are not sure why he didn't act sooner. if brakes had been properly maintained and applied a second and a half earlier they say this accident could have been avoided. >> british bank hsbc will pay a $1.9 kbrinl fine following a money laundering probe. authorities accused bank of laundering for drug...
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the o'reilly factor is on from washington. tonight. >> the fight against foreign control of our european people around the world can only succeed if we free ourselves first. in the zionist. >> god said that the white race is a race of devils i didn't say this. i just believe it because of their actions. >> bill: hate speech in america we are naming names because we have had enough of this. >> i believe the nra is the new kkk. >> you are still calling it a holiday tree? not a christmas tree? >> that's correct. pluck building and i'm respectful of all the taxpayers that might not be christian. >> "newsweek" magazine says the good guys have finally won the war on christmas. that's not exactly true. the yes tonight why have some christian leaders silent when their faith is attacked. >> is that a joint mask looks like a quarter pounder. >> bill: now that marijuana is legal in washington and colorado, do you feel safer on the road? what about people who drug and drive in those states? >> am i driving okay? is it legal is investigati
the o'reilly factor is on from washington. tonight. >> the fight against foreign control of our european people around the world can only succeed if we free ourselves first. in the zionist. >> god said that the white race is a race of devils i didn't say this. i just believe it because of their actions. >> bill: hate speech in america we are naming names because we have had enough of this. >> i believe the nra is the new kkk. >> you are still calling it a holiday...
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byron of the washington examiner joins us. what is this sneaky hidden fee? >> we are just kind of find being out a lot of stuff that's actually in obamacare. >> that's what leader pelosi said. >> she wasn't quite right. she said we have to pass the bill to find out what's in it. actually you have to implement the bill to find out what's in it. obamacare gave hhs, health and human services, the power to levy a fee and this fee in particular is after january 31st insurance companies will have to insure everybody, including people who have pre-existing conditions and people who are not in good health. it's going to cost them a lot of money. we don't know exactly how much that is. so the law allows hhs to collect a fee from employers. >> up front? >> $63 a person. >> up front? >> yes. >> why not at least have the insurance companies bill back because they will be worried about how much they get so maybe they will try to worry it. >> they want to have a pool of money. they want to have a pool of money that could raise $25 billion to ease the way for insurance com
byron of the washington examiner joins us. what is this sneaky hidden fee? >> we are just kind of find being out a lot of stuff that's actually in obamacare. >> that's what leader pelosi said. >> she wasn't quite right. she said we have to pass the bill to find out what's in it. actually you have to implement the bill to find out what's in it. obamacare gave hhs, health and human services, the power to levy a fee and this fee in particular is after january 31st insurance...
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. >>> washington still not seeing eye to eye ton a deal to avoid the fiscal cliff. they believe president obama will take the hikes. >> i am confident republicans would not old middle class taxes hostage to true to protect individuals. >>> the administration looking to raise taxes on those more well off than others. while they want mow am al-jazeera and this one as they try to tfly to africa to join a terrorist group. they plan to vote wage violent jihad there. he is the former roommate of the leader of the ter rits group in some mill yaw who was recently added to the fbi most wanted terrorist list. president obama making a big announcement. the united states will recognize syrian rebels as representties of that country. >> we have made a decision the syrian opposition coalition is representative enough of the syrian population but consider them representatives of assyrian people in opposition to the regime. >> the u.s. providing weapons to the rebels there. 40,000 people in the country have been killed. >> albert king rushed donna summer public enemy hart and randy
. >>> washington still not seeing eye to eye ton a deal to avoid the fiscal cliff. they believe president obama will take the hikes. >> i am confident republicans would not old middle class taxes hostage to true to protect individuals. >>> the administration looking to raise taxes on those more well off than others. while they want mow am al-jazeera and this one as they try to tfly to africa to join a terrorist group. they plan to vote wage violent jihad there. he is the...
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good night from washington, d.c.. gretawire.com. the o'reilly factor is on from washington. tonight. >> the fight against foreign control of our european people around the world can only succeed if we free ourselves first. in the zionist. >> god said that the white race is a race of devils i didn't say this. i just believe it because of their actions. >> bill: hate speech in america we are naming names because we have had enough of this. >> i believe the nra is the new kkk. >> you are still calling it a holiday tree? not a christmas tree? >> that's correct. pluck building and i'm respectful of all the taxpayers that might not be christian. >> "newsweek" magazine says the good guys have finally won the war on christmas. that's not exactly true. the yes tonight why have some christian leaders silent when their faith is attacked. >> is that a joint mask looks like a quarter pounder. >> bill: now that marijuana is legal in washington and colorado, do you feel safer on the road? what about people who drug and drive in those states? >> am i driving okay? is it legal is investigati
good night from washington, d.c.. gretawire.com. the o'reilly factor is on from washington. tonight. >> the fight against foreign control of our european people around the world can only succeed if we free ourselves first. in the zionist. >> god said that the white race is a race of devils i didn't say this. i just believe it because of their actions. >> bill: hate speech in america we are naming names because we have had enough of this. >> i believe the nra is the new...
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the clerk: washington d.c., december 12, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable kirsten e. gillibrand, a senator from the state of new york, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: madam president, following leader remarks the senate will be in a period of morning business until 2:00 today. the republicans will control the first 30 minutes and the majority the final 30 minutes. the time from 11:30 till 2:00 p.m. will be for remarks by retiring senators. following morning business we'll resume consideration of the motion to proceed to s. 3637, the tag extension legislation. the filing deadline for first-degree amendments to that legislation is 1:00 p.m. today. madam president, the headline news for the last many weeks has been the fiscal cliff. in speaking with the president six months before the election, a few weeks before the election, a few days before the election and immediately
the clerk: washington d.c., december 12, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable kirsten e. gillibrand, a senator from the state of new york, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: madam president, following leader remarks the senate will be in a period of morning business until 2:00 today. the republicans will control the first 30 minutes and the...
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we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it. this is one of the areas where republicans have pushed for spending restraint. there is a lot of money here. federal workers outside of the military cost us $240 billion a year. 100,000 beurocrats in the department of agriculture. let's privatize a lot of it. half a million people work for the post office. let the private sector figure it out. >> president obama has hired 143,000 federal workers since he took office. >> i don't think anybody knew that. >> thank you to chris edwards. i appreciate it. that is it for tonight's show. thank you for watching. we will be back tomorrow evening with much more.
we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it. this is one of the areas where republicans have pushed for spending restraint. there is a lot of money here. federal workers outside of the military...
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plus, both colorado and washington state voters have okayed marijuana. we talk with one company already profiting from medical marijuana products. >> tom: the college football bowl season is a lesson in supply and demand economics, showing how the market economy works for the same seat in the same stadium for two different games. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: they're two of the biggest games of the college football season, but despite being played in the same stadium just six nights apart, interest in the discover orange bowl and the b.c.s. national championship game couldn't be more different. the average ticket price for the title game between traditional powers alabama and notre dame is a whopping $2,400, which is more expensive than two of the last three super bowls. the game likely will be the most-watched event in cable tv history, with more than 30 million people expected to tune in. both alabama and notre dame will pocket $22 million for the appearance. for the orange bowl, florida state and northern illi
plus, both colorado and washington state voters have okayed marijuana. we talk with one company already profiting from medical marijuana products. >> tom: the college football bowl season is a lesson in supply and demand economics, showing how the market economy works for the same seat in the same stadium for two different games. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: they're two of the biggest games of the college football season, but...
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what we saw yesterday was fancy accounting by washington officials. we don't have serious spending cuts. even for argument's sake, if we gave the president all of the tax increases that he wanted, putting that all out there, we're still looking at a trillion dollar deficit each year. we have to have serious spending cuts and that has to go hand in hand if he wants to look at there are other ways to put revenues on the table, capping deductions, closing loopholes. those are ways we can put revenue on the table but we have to have, as they said all along, a balanced approach. i'm with joy, i hope there's more progress going on behind the scenes than publicly, because we need to get this resolved. >> ari, the white house also reportedly threw in these spending cuts from $400 billion to $600 billion. also just as well as this promise to achieve corporate tax reform. i want to give everybody the speaker's response yesterday and then press secretary jake carney's responsibe. >> where are the president's spending cuts? the longer the white house slow walks t
what we saw yesterday was fancy accounting by washington officials. we don't have serious spending cuts. even for argument's sake, if we gave the president all of the tax increases that he wanted, putting that all out there, we're still looking at a trillion dollar deficit each year. we have to have serious spending cuts and that has to go hand in hand if he wants to look at there are other ways to put revenues on the table, capping deductions, closing loopholes. those are ways we can put...
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. ♪ ♪ >>> i'm chris wallace in washington. the big story today is north korea's successful launch of a satellite in to space. tonight on "special report," that development is seen as putting north korea one step closer to send a nuclear tip warhead as far as california. the u.s. and many western nations recognized new opposition coalition as the legitimate representative of the syrian people. but there is already disagreement over the designation of a rebel group as terrorist. police in suburban portland, oregon, identified the young man who fatality shot two people and himself at a shopping mall tuesday. but they say they do not know why jacob tyler roberts opened fire with a semi-automatic rifle. a man who bought the gun that killed border patrol argentina brian terry two years ago has been sentenced to 57 months in prison. "special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> greg: can somebody invent new christmas songs? is there a limb, we only have 12? anyway, i'm t
. ♪ ♪ >>> i'm chris wallace in washington. the big story today is north korea's successful launch of a satellite in to space. tonight on "special report," that development is seen as putting north korea one step closer to send a nuclear tip warhead as far as california. the u.s. and many western nations recognized new opposition coalition as the legitimate representative of the syrian people. but there is already disagreement over the designation of a rebel group as...
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good morning from washington. it's wednesday, december 12th, 12-12-12. my kids have never been so excited about a date. let's get right to my first read of the morning. one step forward, two steps back. that's probably the best way to describe the fiscal talks between president obama and house speaker john boehner. with christmas less than two weeks away, the white house is faced with the same key question. can boehner deliver the votes for whatever deal they agree on? >> i remain optimistic and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> but with time running out, neither side seems to have budged very far from the original proposal. the only good news about what happened in the past 24 hours, they are not publicly trashing each other's proposals. on monday the white house sent boehner a counteroffer which at beast can be incremental movement. almost on the details of the offer are under wraps. the $1.6 trillion in tax revenue the president was demanding can c
good morning from washington. it's wednesday, december 12th, 12-12-12. my kids have never been so excited about a date. let's get right to my first read of the morning. one step forward, two steps back. that's probably the best way to describe the fiscal talks between president obama and house speaker john boehner. with christmas less than two weeks away, the white house is faced with the same key question. can boehner deliver the votes for whatever deal they agree on? >> i remain...
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captioning sponsored by cbs this is the "cbs evening news" with scott pelley reporting tonight from washington. >> pelley: good evening. as bank slogans go they don't come any worse than this: the preferred financial institution of drug cartels and money launders. that is a quote today in a u.s. department of justice report about h.s.b.c. holdings, one of the largest banks in the world. to avoid criminal prosecution, h.s.b.c. admitted today that it laundered more than $800 million for mexican drug cartels and covered up illegal transactions for burma, iran, sudan, cuba, and libya. those nations were under banking sanctions because of human rights atrocities, terrorism, or, in iran's case, a nuclear program. the british bank will pay $1.9 billion to the u.s. government, the largest such fine in history. senior correspondent john miller is in new york following the story for us tonight. john? >> reporter: scott, it's a case that has everything: everything except an arrest. and that struck some as odd because in an 80-page document of court papers, the bank admits to almost going out of its way t
captioning sponsored by cbs this is the "cbs evening news" with scott pelley reporting tonight from washington. >> pelley: good evening. as bank slogans go they don't come any worse than this: the preferred financial institution of drug cartels and money launders. that is a quote today in a u.s. department of justice report about h.s.b.c. holdings, one of the largest banks in the world. to avoid criminal prosecution, h.s.b.c. admitted today that it laundered more than $800...
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some considerable concern bing expressed now in washington d.c. you're about -- your thoughts? >> i cannot possibly see what good can come of sending f-16s and tanks to egypt. i don't think-- i don't understand it. it should be held back. what used to they have, especially in a time when the troops of been ordered to arrest civilians? it just doesn't make any sense to me. lou: the former national director of intelligence, and director of national intellence saying here last night that he thinks it's important because its engagement , and engagement is positive in and of itself. your thoughts? >>ngagement with people who seek, i agan, destruction is not positive. especially when it's not just engagement callaloo. this is legitimization. this is in richmond. we are now being told this is going to be charming. certainly empower and probably involving these guys, and no good can come on that. it's folly, and i think we're seeing in libya and egypt and tunisia and yemen, probably ria. lou: 15 seconds. very quickly. we just received word that the president is recognizing that syrian
some considerable concern bing expressed now in washington d.c. you're about -- your thoughts? >> i cannot possibly see what good can come of sending f-16s and tanks to egypt. i don't think-- i don't understand it. it should be held back. what used to they have, especially in a time when the troops of been ordered to arrest civilians? it just doesn't make any sense to me. lou: the former national director of intelligence, and director of national intellence saying here last night that he...
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., japan, south korea and the united nations all denounce the launch with washington, calling it a highly provocative act that threatens regional security. this hour the u.n. security council is meeting behind closed doors on today's rocket launch. that isn't likely to matter to north korea's new, young leader. kim jong un, who appears to be following in his father's foot accepts even dodged calls on this launch. chris lawrence is following this at the pentagon. chris, if you can tell us a little bit about the launch. it might seem surprising, but was it really surprising given the history we have with these leaders? >> reporter: it was only a surprise, ashley, that it happened last night. they knew this was going to take place, but when north korea asked to extend the launch window to the end of the year, most thought it would come next week at the earliest. i just spoke with a u.s. official who confirms that the object that north korea launched is still in orbit right now, and they're doing their final calculations to determine whether or not it was, indeed, a satellite as north korea c
., japan, south korea and the united nations all denounce the launch with washington, calling it a highly provocative act that threatens regional security. this hour the u.n. security council is meeting behind closed doors on today's rocket launch. that isn't likely to matter to north korea's new, young leader. kim jong un, who appears to be following in his father's foot accepts even dodged calls on this launch. chris lawrence is following this at the pentagon. chris, if you can tell us a...
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that court case began this weekend in washington. they argue the filibuster is illegal because it infringes on what they see as a constitutional guarantee of majority rule in congress. the court system has never before entered into the senate's internal role making, and quite frankly, it is unlikely to do so now. but they're trying. the other track is in the senate. majority leader harry reid keeps threatening to change the rules. he says it will happen at the very beginning of the next congress. the very first item on the agenda. the main idea under consideration, the main way to change the rules comes from oregon democrat jeff merkley. if you want to filibuster, you can't say 60 vote rule, too bad. can't vote on that. you actually have to go down and hold the floor and talk and talk and talk and talk all night and for days and for weeks. you need to work for it. there is merit to this idea. it would make filibusters harder on the minority. it would make them more transparent to the public. it would make them less likely on popular
that court case began this weekend in washington. they argue the filibuster is illegal because it infringes on what they see as a constitutional guarantee of majority rule in congress. the court system has never before entered into the senate's internal role making, and quite frankly, it is unlikely to do so now. but they're trying. the other track is in the senate. majority leader harry reid keeps threatening to change the rules. he says it will happen at the very beginning of the next...
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susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obama says it's a big move. >> the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people. >> the president also told abc's barbara walters that with that recognition comes responsibility. clarissa ward has more on the opposition now from london. >> reporter: this is the man chosen to lead a newly formed coalition of syria's opposition groups. >> what does it mean to be recognized by the u.s.? the u.s. administration has big influence globally he told us. a step like that would pull the rug from under the regime on all levels, politically, economically, and militarily. the damascus foreign cleric has long been opposed to the gov
susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obama says it's a big move. >> the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the...
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rich 5rd besser, abc news, washington. >>> now, i want to bring everyone up to date on the former president of south africa, the man who ended about p apartheid, nelson mandela. the 94-year-old has been in the hospital since saturday, and until now, we didn't know why. but today, we learned that mandela is receiving treatment for a lung infection. he is said to be responding to treatment tonight and while we await his release, we thought back to that other image, the man who walked free after 27 years in prison. teaching the world not about retribution, but about forgiveness and healing. >>> and still ahead here on "world news," the incredible hit caught on tape, in the heart of holiday shopping in new york city. a real life manhattan murder mystery, tonight. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ mal
rich 5rd besser, abc news, washington. >>> now, i want to bring everyone up to date on the former president of south africa, the man who ended about p apartheid, nelson mandela. the 94-year-old has been in the hospital since saturday, and until now, we didn't know why. but today, we learned that mandela is receiving treatment for a lung infection. he is said to be responding to treatment tonight and while we await his release, we thought back to that other image, the man who walked...
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going to washington d.c. and here's what's coming up tonight on the big picture despite thousands of protesters packing the state capitol tens of michigan republican state legislators today asked the republican governor rick snyder signed into law a highly controversial right to work for less bill with more and more states passing right to work for less laws what's the future of labor and in america and are we witnessing it's slow death also millions of senior citizens in the u.s. rely on medicare for life saving health care but republicans in congress don't seem to care are they launching an all out assault on medicare what's the real story behind that and republicans are just trying to destroy medicare they're trying to get rid of social security to the republicans only attacking social security because they're afraid to admit that it proves government can work. you need to know this michigan is now a right to work for a lot of state republicans rammed through the law this afternoon and was promptly sign be
going to washington d.c. and here's what's coming up tonight on the big picture despite thousands of protesters packing the state capitol tens of michigan republican state legislators today asked the republican governor rick snyder signed into law a highly controversial right to work for less bill with more and more states passing right to work for less laws what's the future of labor and in america and are we witnessing it's slow death also millions of senior citizens in the u.s. rely on...
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do you know a single republican in washington who's buying it? >> i don't know a republican or a democrat who's buying that. many say look the reality is she just hasn't made up her mind yet. she wants to take some time to relax after serving as secretary of state. but i spoke with one republican operative today who said that the clinton run would be something to be feared. the republicans really believe that she would certainly be one of the strongest candidates they could face in 2016. >> no kidding. kristen welker, thank you. >> thanks. >>> and we'll be right back. [ male announcer ] playing in the nfl is tough. ♪ doing it with a cold, just not going to happen. vicks dayquil -- powerful non-drowsy 6-symptom cold & flu relief. ♪ no matter what city you're playing tomorrow. [ coughs ] [ male announcer ] you can't let a cold keep you up tonight. ♪ vicks nyquil -- powerful nighttime 6-symptom cold & flu relief. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief w
do you know a single republican in washington who's buying it? >> i don't know a republican or a democrat who's buying that. many say look the reality is she just hasn't made up her mind yet. she wants to take some time to relax after serving as secretary of state. but i spoke with one republican operative today who said that the clinton run would be something to be feared. the republicans really believe that she would certainly be one of the strongest candidates they could face in 2016....